The UK government’s Devolution White Paper could significantly change the taxi and private hire vehicle sector. These proposals aim to empower local authorities and Mayoral Strategic Authorities to regulate the industry more effectively, tackling issues like cross-border working and inconsistent standards. Why Change is Needed Taxi and private hire vehicles play an essential role in … Read more
New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans. That measure is one of several options under discussion as the state’s Department of Financial Services — which regulates insurers — grapples with mounting financial troubles at … Read more
New York’s insurance coverage regulator issued a damning report laying out the severely flawed monetary situation of New York’s largest insurer of taxis and for-hire autos, in addition to dozens of potential monetary improprieties and accounting issues, warning that the results of failure could possibly be devastating for tens of hundreds of drivers within the … Read more
